Trabajando En Armonia Group
Five years ago Gloria started up her business selling candy, which she does at schools during the school year and outside her home during school vacation. With this work and income, she was able to fix her house and has been increasing her merchandise. She would really like to install a small store in her house.
The loan she is requesting will be used to buy drinks, in order to meet her customers´ demand during summer.
HACE CINCO AÑOS, GLORIA, INICIÓ SU NEGOCIO DE VENTA DE GOLOSINAS EL CUAL LO REALIZA EN LOS COLEGIOS EN ÉPOCA ESCOLAR Y FUERA DE SU DOMICILIO CUANDO ELLOS ESTAN DE VACACIONES.
CON SU TRABAJO E INGRESOS ECONÓMICOS PUDO ARREGLAR SU CASA Y HA IDO INCREMENTANDO SU MERCADERÍA.
LE GUSTARÍA MUCHO PONER UNA BODEGA EN SU CASA.
EL PRESTAMO SOLICITADO LO INVERTIRÁ EN LA COMPRA DE BEBIDAS PARA SATISFACER LA DEMANDA DE SUS CLIENTES POR LA TEMPORADA DE VERANO.
About EDAPROSPOEDAPROSPO seeks to use micro-credit to foster productive commercial activity for the sake of economic and social development within vulnerable urban and rural sectors traditionally neglected by commercial banks. By offering innovative products such as technical education loans and microfinance groups for young people, EDAPROSPO helps disadvantaged Peruvians lift themselves out of poverty.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid